Yen Gains, Topix Falls on Korean Missile Report: Markets Wrap

U.S. stock futures were also lower as Japan Prime Minister Shinzo Abe said the government will hold a National Security Council meeting today after North Korea fired four ballistic missiles. The move comes as South Korea and the U.S. undertake annual military drills that Pyongyang has called a prelude to an invasion. Tensions have been rising over North Korea, which also conducted a missile test during Abe’s state visit to the U.S. last month and is suspected of being behind the assassination of its leader’s half brother in Malaysia.

Yen Gains, Topix Falls on Korean Missile Report: Markets Wrap

U.S. stock futures were also lower as Japan Prime Minister Shinzo Abe said the government will hold a National Security Council meeting today after North Korea fired four ballistic missiles. The move comes as South Korea and the U.S. undertake annual military drills that Pyongyang has called a prelude to an invasion. Tensions have been rising over North Korea, which also conducted a missile test during Abe’s state visit to the U.S. last month and is suspected of being behind the assassination of its leader’s half brother in Malaysia.

UN Ambassador : It’s time to hold North Korea accountable…

In addition to all 15 council members condemning North Korea’s latest ballistic missile launch, UN ambassador Nikki Haley also delivered a decisive statement. “We call on all members of the Security Council to use every available resource to make it clear to the North Korean regime – and its enablers – that these launches are unacceptable,” her statement read.